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Global achievements

Geely purchased Volvo in 2010 from Ford. Over the past few years, the Swedish brand has grown into an international marque with production facilities and sales networks in Europe, the US and China.

Gezahegn Abate, Public and International Relations Director at Ethiopia Ministry of Culture and Tourism (MoCT), said despite a steady increase in Chinese tourist numbers over the last several years, insufficient food and accommodation facilities are hampering even more growth.

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Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for International Economics in Washington, said he doubted that coal projects will return to the portfolio with the change of the World Bank's chief.

General Atlantic proposed a complicated pricing model for the round, depending on when and whether Amazon went public, while Kleiner Perkins offered million with no complications. When that round closed, Doerr became a member of the now-formalized board of directors.

Global index compiler MSCI Inc has announced that it will increase the weighting of China's A shares in its benchmarks this year. The move is seen as the latest progress in the country's accelerated capital market opening-up.

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Glenn Walcott’s app pick: Around Me

German software and cloud giant SAP SE is stepping up its push to meet growing demand for cloud computing amid the COVID-19 pandemic and stressed its long-term commitment to the China market.

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Global stock markets and oil prices plunged on Monday, as novel coronavirus pneumonia continued to spread worldwide and investors braced for another volatile week in the markets.

Geely President An Conghui said electrification is an irreversible trend and the segment of small-sized vehicles, especially those from premium brands, will grow fast.